Worldcoin Introduces World ID 2.0 in Singapore
Worldcoin, a global project focusing on digital identity and finance, has launched World ID 2.0 in Singapore. This move signifies the increasing interest in proof of personhood and the Worldcoin project. Through the use of the Orb, a custom hardware device developed by Worldcoin, users in Singapore can now undergo World ID verifications. Tools for Humanity (TFH), a contributor to the Worldcoin project, has also joined two esteemed startup and tech associations in Singapore, further expanding the project’s presence and collaboration within the tech and fintech communities.
Global Expansion of World ID Verifications
World ID verifications have expanded globally over the past month. Cities in Spain and Germany have joined existing locations, while Chile, Argentina, and Japan have also introduced World ID verifications. These developments demonstrate the growing reach and adoption of the Worldcoin project.
Milestones for World ID and World App
Despite facing controversy related to data privacy practices, World ID continues its rollout of version 2.0 throughout 2024 and beyond. The project’s product, World App, has achieved significant milestones with over 5 million downloads and more than 30 million transactions. It is ranked as one of the most popular hot wallets globally in 2023.
A Landmark Year for Worldcoin
The year 2023 has been marked by significant achievements for the Worldcoin project, including surpassing 1 million verifications, introducing World ID and SDK, and continuous global expansion. These accomplishments highlight the project’s dedication to advancing digital identity and finance on a global scale.
Hot Take: Impacting Digital Identity and Finance Worldwide
The launch of World ID 2.0 in Singapore and the global expansion of World ID verifications demonstrate the increasing interest and adoption of the Worldcoin project. With milestones reached by World App, including millions of downloads and transactions, the project has made a significant impact in the digital identity and finance space. Despite facing controversies, Worldcoin remains committed to its ongoing rollout and expansion, aiming to impact millions of individuals worldwide.
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